Tech Company Financing Transactions

ioTium Funding Round

On 9/20/2018, ioTium raised $13.6 million in Series B funding from Hanna Capital, Honeywell Venture Capital and JC2 Ventures.

Transaction Overview

Company Name
ioTium
Announced On
9/20/2018
Transaction Type
Venture Equity
Amount
$13,600,000
Round
Series B
Investors

Hanna Capital (Lead Investor)

Honeywell Venture Capital (Lead Investor)

JC2 Ventures (Lead Investor) (John Chambers)

March Capital Partners (Lead Investor) (Sumant Mandal)

GE Ventures (Michael Dolbec)

Juniper Networks

Proceeds Purpose
Capital will be used to accelerate ongoing technology leadership and to fuel rapid market expansion in the U.S. and abroad.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
3900 Freedom Cir. 101
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
www.iotium.io
Email Address
[email protected]
Overview
IoTium is the first secure network infrastructure company for the Industrial Internet of Things (IIoT). Headquartered in Silicon Valley and backed by GE Ventures, March Capital, and Juniper Networks, IoTium was founded with the understanding that secure connections matter.
Profile
ioTium LinkedIn Company Profile
Social Media
ioTium Company Twitter Account
Company News
ioTium News
Facebook
ioTium on Facebook
YouTube
ioTium on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ronald Victor
  Ronald Victor LinkedIn Profile  Ronald Victor Twitter Account  Ronald Victor News  Ronald Victor on Facebook
Chief Financial Officer
Dorea Elsayed
  Dorea Elsayed LinkedIn Profile  Dorea Elsayed Twitter Account  Dorea Elsayed News  Dorea Elsayed on Facebook
Chief Technical Officer
Sri Rajagopal
  Sri Rajagopal LinkedIn Profile  Sri Rajagopal Twitter Account  Sri Rajagopal News  Sri Rajagopal on Facebook
Co-Founder
Dhruva Narasimhan
  Dhruva Narasimhan LinkedIn Profile  Dhruva Narasimhan Twitter Account  Dhruva Narasimhan News  Dhruva Narasimhan on Facebook
VP - Engineering
Sady Kanthadai
  Sady Kanthadai LinkedIn Profile  Sady Kanthadai Twitter Account  Sady Kanthadai News  Sady Kanthadai on Facebook
VP - Product Management
Dhawal Tyagi
  Dhawal Tyagi LinkedIn Profile  Dhawal Tyagi Twitter Account  Dhawal Tyagi News  Dhawal Tyagi on Facebook
VP - Sales
Jason Cooper
  Jason Cooper LinkedIn Profile  Jason Cooper Twitter Account  Jason Cooper News  Jason Cooper on Facebook

 

 

Browse more venture capital transactions:

Prev: 9/20/2018: Flowonix Medical venture capital transaction
Next: 9/20/2018: Keela venture capital transaction

 

Share this article

 

About Database of VC Transactions

We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.